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IT Staffing Is Specialty for St. Louis-Area Temporary Firms

Published February 06, 2012 ■ Trends and Research

St. Louis Business Journal (02/03/12) Nicholas Ledden

Half of the firms cited on the list of the St. Louis area’s largest temporary staffing firm have an information technology staffing focus. The 15 firms on this year’s list sent out close to 35,000 W-2s combined and kept anywhere from a dozen to more than 12,000 temporary or contract employees available for placement last year. The top five St. Louis-area staffing firms for 2011 were Rose International, Aerotek Inc., Byrne Software Technologies Inc., Adecco Group, and Technology Partners Inc. The list does not measure total employment numbers but aims to gauge a firm’s size.

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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.

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IT Staffing Is Specialty for St. Louis-Area Temporary Firms

Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

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